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Managerial economics: Types of goods

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1. Market Demand Schedule shows the

Total price and demand

Aggregate behaviour of the market

Sum of all individual demand schedules

Total demand of all consumers

2. Demand Schedule of a firm shows quantities of a commodity

Purchased at varying prices at a given period of time

Purchased at varying prices at different periods of time

Purchased at a price

That can be purchased at varying prices

3. Over the years, the demand for textiles in India has grown inspite of rising prices. It is an example for